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Posted by Martin February 15, 2015

Market outlook for the next week

On Monday markets will be closed due to President Day observation. For this week we will see a short trading. However, the most important trading happened last week. In my previous market outlook post I wrote about two patterns the market was about to attack – a wedge pattern and sideways channel. Last week, the Continue reading →

Posted by Martin February 08, 2015

What to expect from SPX next week?

I am not trying to predict where the market would go next week. I simply do not know it and I am as clueless as everyone else. Will the market shoot up next week or will it fail and fall again? If I cannot predict the market, I would like to at least establish a Continue reading →

Posted by Martin February 02, 2015

SPX still volatile and weak. Will the selling end or continue?

The SPX futures were able to recover before market opening so the markets opened slightly up this morning. Yet, it quickly dropped down to 1980 level where bulls took over and move the market back up to 2010 level. Very impressive run which could fool many bulls into thinking that selling is over. Super 8 Continue reading →

Posted by Martin February 01, 2015

Futures indicate very weak opening tomorrow morning

If you are already frustrated by two weak months we just passed (December 2014 and January 2015) it looks like we are going to see February 2015 as bad as January was. Futures are already trading at a steep discount indicating S&P 500 down -1.45% -29.35. If this drop continues until tomorrow morning, we may Continue reading →

Is S&P500 going to crash soon?

It may look like we are on the top and due for a correction. But are we really? I think we are not. Although Friday’s trading and even today’s price action shows weakness in the market we are still in uptrend. We will see a correction at some point and the S&P 500 will turn Continue reading →

Netflix will be a part of your cable service. Will it hurt Comcast?

As I hold a position in Comcast (CMCSA) I typically tend to monitor what’s going on around those stocks and how that activity may affect my position. Comcast has a lot cooking under the hood which I deem to be a good reason for holding this stock. There is a merger with Time Warner Cable Continue reading →

Posted by Martin November 17, 2014

What’s stalling the Wall Street rally?

With U.S. stocks nearly 2 percent overvalued, investors are worried that markets will see another correction, says Hugh Jackson, Chairman of Hugh Johnson Advisors.

Posted by Martin October 15, 2014

S&P 500 down almost 50 points, DOW down more than 400 points! Time to buy? Not yet.

S&P 500 down almost 50 points, DOW down more than 400 points! Time to buy? Not yet.

I think we are hitting a true bear market here. For more than 5 years we haven’t seen such selling. Some even say that they do not remember such volatility and drops, so that must have happened long time ago. It is not usual to see markets falling this much. Look at it from a Continue reading →

Posted by Martin October 09, 2014

The worst market results in 2014 so far

The worst market results in 2014 so far

Wow, the market had the worst time ever. It looks like we are at the top of the trend and reversing. I do not remember seeing such swings of 300 points (Dow Jones) in just three days. At least for a few last years, this behavior didn’t happen. I watch weekly, daily, and intraday charts Continue reading →

Posted by Martin September 26, 2014

10 Billion hedge fund liquidation forced me to review my portfolio

If you wondered what spurred such hasty sell-off yesterday, we may have an answer to it. According to Wall Street Journal a “$10.6 billion BlueCrest Capital Management LLP, one of Europe’s largest hedge-funds (and best known for its credit market expertise), laid off several stock traders in the U.S. Thursday and began liquidating their investments, Continue reading →